Buy or sell stocks: The Indian benchmark indices, Sensex and Nifty, staged a smart turnaround in Tuesday's trading session (November 11), thus extending their winning run to the second day. Optimism around a US-India trade deal buoyed Street sentiments.
After remaining in the red for a majority of the session, Sensex and Nifty rebounded and closed the session with decent gains. Sensex jumped 335.97 points, or 0.40%, to settle at 83,871.32, while the Nifty climbed 120.60 points, or 0.47%, to close at 25,694.95.
Sectorally, a mixed trend kept traders engaged—IT, auto, and metal stocks outperformed, while financials, realty, and pharma ended subdued. In the broader market, the midcap index gained over half a per cent, whereas the smallcap index closed marginally lower, reflecting selective participation.
Stock market today
Vaishali Parekh, Vice President of Technical Research at Prabhudas Lilladher, said Tuesday's market action indicated active participation, which helped indices stage a turnaround. Going ahead, she expects the bias to be cautiously positive.
"After a weak start in the morning session, hitting a low at 25450, Nifty index witnessed a strong bounce back to close near the 25700 zone with the broader markets also indicating active participation to ease out the sentiment to some extent," said Parekh.
# Buy or Sell: Vaishali Parekh Recommends Three Stocks to Buy Today – 12 November 2025
The Indian stock market is showing signs of resilience amid global uncertainties, with the Nifty 50 bouncing back from intraday lows to close near 25,700 on November 11, 2025. This rebound, driven by active participation from broader markets, hints at a cautiously positive bias. Vaishali Parekh, Vice President of Technical Research at Prabhudas Lilladher, maintains an optimistic outlook: the Nifty could target 26,100-26,500 if it breaches 25,750 decisively, with key support at 25,300. For Bank Nifty, closing near 58,150 after a pullback from 57,200, she sees potential upside in the 57,800-58,800 range, supported by the 50-EMA at 56,700.
In this environment, Parekh spots intraday opportunities in renewable energy and auto sectors. Her three buy picks—IREDA, Samvardhana Motherson, and Suzlon Energy—offer 3-8% upside potential with tight stop losses, ideal for momentum traders. These align with India's green push and auto recovery, but remember: intraday trading amplifies risks. Let's unpack her rationale.
## 1. IREDA: Powering the Green Financing Surge
Indian Renewable Energy Development Agency (IREDA) is a go-to for funding solar and wind projects, riding the government's net-zero ambitions. With policy tailwinds like PLI schemes, IREDA's loan book is expanding at 25%+ CAGR.
- **Buy Level**: ₹149
- **Target**: ₹154 (3.4% upside)
- **Stop Loss**: ₹147
- **Why Now?** Parekh eyes intraday momentum from recent support holds, with the stock consolidating above key moving averages. A break above ₹150 could confirm bullish continuation.
This PSU stock suits short-term plays, but long-term holders note its 40% YTD gains.
## 2. Samvardhana Motherson: Auto Ancillary's Steady Climb
Samvardhana Motherson International, a wiring harness giant for global OEMs like Tata and VW, benefits from EV localization and export growth. Q2 FY26 previews suggest 15% revenue jump.
- **Buy Level**: ₹104
- **Target**: ₹112 (7.7% upside)
- **Stop Loss**: ₹100
- **Why Now?** Technicals show a rebound from 20-DEMA support, with RSI indicating oversold bounce. Parekh flags volume spikes as a green light for intraday targets.
At current valuations (P/E ~35x), it's a balanced bet on auto sector revival.
## 3. Suzlon Energy: Wind Energy's Comeback Kid
Suzlon, a veteran in wind turbines, is deleveraging fast with order books at 5 GW+. Debt reduction to near-zero positions it for 20% EBITDA margins.
- **Buy Level**: ₹58
- **Target**: ₹62 (6.9% upside)
- **Stop Loss**: ₹56
- **Why Now?** Parekh highlights a flag pattern breakout on hourly charts, with sustained above ₹57.5 signaling further leg up amid renewable hype.
Suzlon's 150%+ YTD rally underscores its multibagger potential, but volatility remains high.
### Quick Comparison Table
| Stock | Sector | Buy (₹) | Target (₹) | Upside (%) | Stop Loss (₹) | Key Technical Trigger |
|------------------------|---------------------|---------|------------|------------|---------------|-----------------------|
| IREDA | Renewables Finance | 149 | 154 | 3.4 | 147 | Support hold above MA |
| Samvardhana Motherson | Auto Ancillary | 104 | 112 | 7.7 | 100 | RSI oversold bounce |
| Suzlon Energy | Wind Energy | 58 | 62 | 6.9 | 56 | Flag pattern breakout |
*Data as of November 12, 2025 open; sourced from Prabhudas Lilladher via Livemint.*
## Final Thoughts: Trade Smart, Stay Disciplined
Parekh's picks emphasize momentum in high-beta sectors, fitting a rebounding market. With Nifty support at 25,300 holding firm, these could deliver quick wins—but use stop losses religiously to cap downside. For positional trades, monitor Q3 earnings for confirmation. Broader advice: Diversify beyond intraday; blend with SIPs for stability.
What's your take on Suzlon's windfall? Share in the comments!
*Disclaimer: This is not investment advice. Stock markets involve risks; consult a SEBI-registered advisor. Past performance doesn't guarantee future results. Invest wisely.*







No comments:
Post a Comment